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The Indicator Guys share a keen interest in the financial markets and for several years now have been deepening our collective understanding of economics, particularly in the financial investment and trading arenas.
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Enter your details below and we will send you an email once a week letting you know the latest. About the author Chris Leonard is the head of Indicator Guys. Related posts. Theindicatorguys. Trade the Best Online Trading System with The Indicator Guys. GBPCHF 425 Points secured so far on using the Home Trading System. 304 Points on AUDCHF locked in so far using ProfitLocker™ Posted on June 10, 2011 by Chris Leonard.
The Aussie Dollar has taken another dive against the Swiss franc, and ProfitLocker™ is right on its tail! Having been short the Aussie Dollar against the Swiss Franc since the 19th of May, my trade is looking pretty nice right now. After a red trigger bar on the 16th May below all the major moving averages, I gave the price a little room to breathe and entered my trade after a moderate pullback.
Having added the TiG MACD Colours indicator to my chart I can see that the trigger bar coincided with a downside (red) crossover, as well as a short squeeze firing off on the TiG Momentum Indicator. This gave me a lot of confidence in getting into the trade and I was intrigued to see what would happen next after such a powerful combination of signals! Over the next few days the price moved down both sharply and suddenly.
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